Trading drops, index rises on T&TSE


The Trinidad and Tobago Stock Exchange Index rebounded to finish 10 points higher on Thursday, following a 56 percent fall in the volume of stocks traded, with a 62 percent drop in value compared to trading on Wednesday. At the close of a slow day of trading, 24 securities changed hands, after increasing from 17 on Wednesday and ended with prices of four stocks rising, eight declining and 12 ending firm.

The market closed with trading tumbling to 173,077 shares for $1,229,398 from 393,091 stocks at $3,197,526 on Wednesday.
Trading ended with an average of 7,212 shares worth $51,225, down from 23,123 stock units at $188,090 on Wednesday, with trading month to date averaging 33,289 shares at $106,310 after sliding from 36,785 stocks for  $113,695 on the previous day, compared with an average for January of 19,192 shares at $97,440.
The Composite Index advanced 5.41 points to wrap up trading at 958.21, the All T&T Index advanced 10.04 points to end at 1,388.17, the SME Index remained at 92.68 and the Cross-Listed Index rallied 0.06 points to 69.68.
Investor’s Choice bid-offer indicator shows no stock ending with a bid higher than the last selling price and four with lower offers.
At the close of the market, Agostini ended at $60 after an exchange of 1,313 shares, Angostura Holdings climbed 5 cents in closing at $12.75 with a transfer of 15 units, Ansa McAl remained at $43.50 after an exchange of 1,283 stocks. Ansa Merchant Bank remained at $24 with investors swapping 8 shares, CIBC Caribbean Bank ended at $8.30 in an exchange of 156 stock units, CinemaOne fell 57 cents to close at $3.98 with investors exchanging 10 shares. Endeavour Holdings rose $1.90 to $18.40 as investors exchanged 15 units, First Citizens Group lost 50 cents in closing at $39.50 with 1,914 stocks crossing the market, GraceKennedy shed 1 cent to finish at a 52 weeks low of $3.39 with an exchange of 99 stock units. Guardian Holdings remained at $14.75 with 10,010 shares clearing the market, Guardian Media ended at 68 cents after a transfer of 10 stocks, JMMB Group rallied 2 cents to end at 80 cents with 11,001 units crossing the exchange. Massy Holdings ended at $3.55 with investors trading 48,896 stock units, National Enterprises sank 5 cents and ended at $2.35 with 73,303 shares changing hands, National Flour Mills dipped 1 cent in closing at $1.49 with 1,540 stocks passing through the market. NCB Financial remained at $1.97 after an exchange of 10 units, One Caribbean Media remained at $1.35 with investors trading 111 stock units, Point Lisas skidded 3 cents to end at $5.05 after an exchange of only 737 shares. Prestige Holdings ended at $12.49 after the trading of 5 units, Republic Financial remained at $105 with 3,499 stocks crossing the market, Scotiabank ended at $48.25 in trading 1,179 stock units. Trinidad & Tobago NGL popped 20 cents to end at $5.70 with investors dealing in 5,000 shares, Unilever Caribbean slipped 90 cents to finish at $14.10 in switching ownership of 1,720 units and West Indian Tobacco dipped 16 cents and ended at $2.45, with the trading of 11,243 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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